As in previous years, Latvijas Banka used staff rotation and promotion to foster employeesAThe Communications and Financial Literacy Department as of 1 January 2022.
development and career.

In 2021, Latvijas Banka's staff, taking account of the Covid-19 pandemic related restrictions and actively making use of remote learning opportuni- ties, continued to broaden their professional expertise in the fields of their responsibility, including participation in the international professional certification programmes.

Latvijas Banka's staff training costs amounted to 0.8% of the total expenses on remuneration (0.5% in 2020).


In late 2021, 88% of Latvijas Banka's staff had higher education (including 4.2% of those holding a PhD degree and 51.3% holding a Master's degree).

Chart 1
Education indicators of Latvijas Banka's employees


The Counsellor of Latvijas Banka worked at the Permanent Representation of the Republic of Latvia to the EU in 2021.